HomeReal Estate & DevelopmentS.I. firm growing N.J. presence, buying Blairstown site

S.I. firm growing N.J. presence, buying Blairstown site

An 15,000-square-foot industrial/flex building in Blairstown has sold, according to real estate firm NAI James E. Hanson.

The property at 126 Route 94 was sold by L&W Supply Corp., a construction materials supplier, to Khalil Alijla LLC, a refrigeration assembly and distribution firm, NAI Hanson said in a news release. The firm’s Joseph Vindigni represented both the seller and the buyer in the deal.

The building, which encompasses 15,070 total square feet, includes 2,000 square feet of office space, as well as drive-in bays and parking. Staten Island-based Khalil Alijla aims to better serve clients in northwestern New Jersey and Pennsylvania through the facility, NAI Hanson said.

“With demand three times the supply in New Jersey’s hottest industrial markets, we’re noticing a shift to secondary markets in the north and west, which offer affordable yet well-located industrial space along major corridors like Route 80,” Vindigni said in a prepared statement. “Khalil Alijla LLC recognized these attributes in 126 Route 94 and found the property ideal to support its continued growth.”

Related Articles

Kislak sells 131K SF office building in Parsippany for $10M

The Kislak Company, Inc. announced the recent sale of a 131,346-square-foot office building on 7.98 acres at 959 Route 46 in Parsippany for $10...

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care practice

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

Saddleback Real Estate Developers announces almost 100,000 square feet of industrial leasing in Northern New Jersey

Saddleback Real Estate Developers, a New Jersey-based owner and developer specializing in industrial real estate, announced a series of leasing transactions totaling 96,535 square...

Cushman & Wakefield arranges $136M refinancing for Modera Lofts in Jersey City

Cushman & Wakefield said it has arranged $136 million in refinancing for Modera Lofts, a 366-unit multifamily property in downtown Jersey City, in a...

NJ Transit to host Industry Day for real estate opportunities

NJ Transit announced that it will host Industry Day, an open house networking event on April 21, for real estate developers, commercial real estate...

Farias named executive director and CEO of NJ Redevelopment Authority, succeeding Anderson

The New Jersey Redevelopment Authority (NJRA) board voted on March 16 to appoint Rose Farias as NJRA executive director and chief executive officer, effective...

Latest Articles

Aquestive Therapeutics appoints Zalewski to chief legal officer and chief compliance officer

Warren-based pharmaceutical company Aquestive Therapeutics Inc. announced the appointment of Thomas A. Zalewski as chief legal officer and chief compliance officer, effective April 2. He...

Lice Clinics of America opens head lice treatment clinic in Ramsey

Lice Clinics of America, one of the world’s largest networks of professional lice treatment centers, has opened a clinic in Ramsey, owned and operated...

Kislak sells 131K SF office building in Parsippany for $10M

The Kislak Company, Inc. announced the recent sale of a 131,346-square-foot office building on 7.98 acres at 959 Route 46 in Parsippany for $10...

Economist Young joins New Jersey Policy Institute board of directors

The New Jersey Policy Institute (NJPI), an advocacy group seeking policy solutions to improve the quality of life for New Jersey residents, said March...

NJDEP hires Revive Environmental for collecting firefighting foam containing PFAS

On March 20, the New Jersey Department of Environmental Protection (NJDEP) highlighted statewide firefighting foam-collection events, marking one of the largest coordinated programs of...

NJEDA awards $500K grant to Hackensack Performing Arts Center for Illumination 250 Celebration

The Hackensack Performing Arts Center (HACPAC) has received a $500,000 grant from the New Jersey Economic Development Authority’s A.R.T. Phase II program to launch...

Latest Articles

Aquestive Therapeutics appoints Zalewski to chief legal officer and chief compliance officer

Warren-based pharmaceutical company Aquestive Therapeutics Inc. announced the appointment of Thomas A. Zalewski as chief legal officer and chief compliance officer, effective April 2. He...

Lice Clinics of America opens head lice treatment clinic in Ramsey

Lice Clinics of America, one of the world’s largest networks of professional lice treatment centers, has opened a clinic in Ramsey, owned and operated...

Kislak sells 131K SF office building in Parsippany for $10M

The Kislak Company, Inc. announced the recent sale of a 131,346-square-foot office building on 7.98 acres at 959 Route 46 in Parsippany for $10...

Economist Young joins New Jersey Policy Institute board of directors

The New Jersey Policy Institute (NJPI), an advocacy group seeking policy solutions to improve the quality of life for New Jersey residents, said March...

NJDEP hires Revive Environmental for collecting firefighting foam containing PFAS

On March 20, the New Jersey Department of Environmental Protection (NJDEP) highlighted statewide firefighting foam-collection events, marking one of the largest coordinated programs of...